GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFRICAN RESOURCE CENTER OF WEST MICHIGAN, founded in 2014, is a small nonprofit in the Human Services sector that reported $175K in total revenue in fiscal year 2025. Revenue surged 95% from the prior year, signaling strong growth momentum. Expenses of $149K left a modest 15% surplus.
The African Resource Center informs connects and equips African immigrants in West Michigan with people and resources to foster a flourishing community in which recent African immigrants can prosper emotionally economically and socially.
FutureNow! Youth Empowerment Project: Equipping adolescents ages 9 - 18 with social and educational skills to be responsible American citizens.
Health and Wellness Project: Providing human and material resources to recent African immigrants to help them address unresolved trauma. Through small group activities and referrals clients identify...
Health and Wellness Project: Providing human and material resources to recent African immigrants to help them address unresolved trauma. Through small group activities and referrals clients identify key symptoms of trauma and know how to respond to emotional distress.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $174,590 | $89,560 | +0.9% |
| Expenses | $148,800 | $166,936 | -0.1% |
| Net Income | $25,790 | $-77,376 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bernard Ayoola | Executive Director | 30.00 |
Officer
|
$57,240 | $0 | $57,240 |
| Abraham Vreeke | Board Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Joyce Arthur | Board Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Donald Bratt | Board Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Adetunji Ojo | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Arinola Ebosele | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer McDonald | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Washington | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $174,590 | $148,800 | $110,829 | $25,790 |
| 2024 | $89,560 | $166,936 | $85,039 | $-77,376 |
| 2023 | $52,798 | $155,559 | $162,415 | $-102,761 |
| 2023 | $52,798 | $155,559 | $162,415 | $-102,761 |
| 2022 | $324,487 | $149,027 | $265,176 | $175,460 |
Compare AFRICAN RESOURCE CENTER OF WEST MICHIGAN with other nonprofits in Michigan and across the country.